(Double digits now, feels good)
Rewards from Yonfire #4 should be in tomorrow, I think we will have something to claim every day after today.
So today I will send 1,000,000 from yonyonsson to risingstar2
Transaction ID
8e1ea8afc929e93628a96e73f2bbb62a06d84dc3
I think it will be fun to keep a counter going too so I'll add up all the STARBITS burned so far.
The first goal is to burn ONE BILLION STARBITS
11,943,919 STARBITS have been sent to risingstar2 so far including the 1M from this post.
Post breakdown:
1,000,000 Yonfire #1
1,000,000 Yonfire #2
1,000,000 Yonfire #3
1,000,000 Yonfire #4
2,137,847 Yonfire #5
1,000,000 Yonfire #6
1,268,040 Yonfire #7
1,000,000 Yonfire #8
1,538,032 Yonfire #9
1,000,000 Yonfire #10
Yonfire: A bonfire for Rising Star tokens
This account will make posts and use 100% of the HBD rewards to buy and burn Rising Star tokens in order to help boost the game economy. HP rewards will be saved for voting strength on Rising Star posts and the Curation Trail.
Inspired by what thehive and stickupboys have been doing, and some recent chat on the RS discord.
All HBD rewards received from this post (and all future posts) will be used to buy more Rising Star Tokens. The tokens will be bought from the exchange or Beeswap pool and sent to risingstar2 for reuse. This works effectively as a burn mechanic because risingstar2 can reissue these tokens to players instead of printing more.
HBD will be converted into HIVE - https://hivehub.dev/market/swap
HIVE will be converted into SWAP.HIVE https://beeswap.dcity.io/convert/
SWAP.HIVE will be converted into STARBITS https://beeswap.dcity.io/swap?input=SWAP.HIVE&output=STARBITS
STARBITS will be sent to risingstar2 from the hive-engine wallet
No specific plans at the moment to purchase NFT's or STARPRO but maybe at some point in the future if there is a demand for it. Not sure how long this will last as I am quite busy but this seems to have a positive impact in the community so I'd like to try my hand at it.
Thanks for reading!
(And thanks for any upvotes as they will help to burn more tokens!)
